China opposes new US sanctions

"The Chinese side consistently opposes unilateral sanctions," the document reads.

The statement says that Beijing "favors settlement of inter-state differences through mutual respect and equal dialogue."

On Wednesday, US President Donald Trump signed the bill envisioning tougher sanctions against Russia, Iran and the DPRK. The US Congress passed the document overwhelmingly last week. Trump said in a statement on the occasion of the signing of the law the document was flawed and some of its provisions stood at variance with the US Constitution.